Breaking News
Binance Kazakhstan Becomes First Digital-Asset Platform to Obtain Consent for Full Regulatory License from AFSA
Binance Kazakhstan, an entity of Binance, the leading blockchain ecosystem behind the world’s largest crypto exchange by trading volume, is proud to announce that it has received formal consent from the Astana Financial Services Authority (AFSA) to grant it a full regulatory license. Binance Kazakhstan is one step closer to becoming the first Digital Asset Trading Facility (DATF) operator to be fully regulated in the country. This significant milestone demonstrates Binance’s compliance with the local regulatory regime and underscores its commitment to operating in accordance with the highest standards of trust and security.
Binance Kazakhstan has undergone an extensive review process, including an External Financial Audit and obtaining ISO certifications following an audit of the entity’s information systems. Additionally, the company completed a series of internal audits and external regulatory inspections to ensure compliance with all applicable regulatory requirements.
The upcoming licenses will authorize Binance Kazakhstan to operate a virtual assets trading facility for the exchange of virtual assets, engage in dealing investments as a principal, and offer custody services for virtual assets under a full license mode.
Binance Kazakhstan successfully tested its offerings, passing a rigorous assessment by the regulator. The regulator conducted this evaluation in accordance with the AIFC Digital Asset Activities, Conduct of Business Rules, Anti-Money Laundering (AML) laws, and other applicable regulations. This achievement signifies the regulator’s trust in Binance Kazakhstan’s systems, controls, and cybersecurity protocols.
“We are very much delighted to receive this formal way of pre-approval from AFSA before we get our full regulatory license,” said Vishal Sacheendran, Head of Regional Markets at Binance. “This achievement reflects our dedication to maintaining the highest standards of compliance, security, and operational excellence. We look forward to getting the full license and continuing to serve our users in Kazakhstan and contributing to the growth of the local digital asset ecosystem.”
People In This Post
Companies In This Post
- Moody’s Affirms Africa Finance Corporation’s (AFC) A3 Rating, An Achievement Sustained for Over a Decade, with Outlook Stable Read more
- Business Show Media, Organizer of the World’s Largest Business Events, Reimagines the White Label World Expo for an Exciting New Era Read more
- The Finalists Announced for the 2025 FF Awards Read more
- How the New Generation of Digital Wallets Will Upend Fintech Read more
- EXCLUSIVE: “‘Shadow Boxing'” – Rajul Sood, Acuity Knowledge Partners in ‘The Fintech Magazine’ Read more
TerraPay Becomes One of the First Global Payment Leaders To Adopt Stablecoin-Native Flows, Powered by Fipto
TerraPay, a global money movement company, today announced the launch of stablecoin-native flows in partnership with Fipto, the regulated infrastructure layer powering secure, compliant blockchain-based treasury operations.
Crypto Security Failures Highlight Urgent Need for Stricter Safeguards, Says D24 Fintech
The crypto industry is facing a fresh reckoning over security following a series of high-profile breaches. Some of the largest breaches included hackers stealing $1.5bn from Bybit, Phemex losing out on $69m in a crypto heist, and WazirX losing £230m. Despite the rapid mainstreaming of digital assets, vulnerabilities in exchange infrastructure continue to leave billions of pounds at risk.
dtcpay Partners with WalletConnect to Advance Onchain Payments and Stablecoin Adoption
dtcpay, a licensed Major Payment Institution (MPI), today announced a strategic partnership with WalletConnect , the connectivity layer for the financial internet. The collaboration will accelerate the adoption of secure, frictionless onchain payments and reinforce dtcpay’s role in shaping the next generation of onchain finance.
Leading Crypto Firm, 21Shares, and New Wealth Management App, Stratiphy, Partner to Enable Investors to Access Digital Assets
Global-leading exchange traded product issuer 21Shares and new personalised wealth management platform, Stratiphy have partnered to unlock regulated access to cryptocurrencies and digital assets for UK investors once the FCA changes have been introduced to UK investors.
Binance Launches The Blockchain 100 Award to Honor Top Creators Driving Blockchain Innovation
Binance, the world’s largest crypto exchange by trading volume and users, today announced the inaugural launch of The Blockchain 100. This new annual awards show is designed to recognize and celebrate the most influential creators advancing blockchain education, innovation, and community engagement.
Crypto Wallet Adoption is Skewing Affluent as Dreams of Financial Freedom Fades
A new research report from global payments infrastructure platform Mercuryo and Web3 research firm Protocol Theory shows that while cryptowallet adoption is accelerating among affluent users, lower-income groups face costly access points and risk being excluded.
21X To Establish U.S. Operations, Bringing World’s First Blockchain-Enabled Exchange to the American Market
21X, a leader in regulated on-chain trading and settlement, today announced its expansion into the United States with the establishment of a new operation incorporated in Delaware and a primary office in New York. The move marks a monumental next step in the company’s global growth strategy and paves the way for the launch of the 21X U.S. exchange, a fully regulated blockchain-based trading venue for digital financial instruments.
Moody’s Affirms Africa Finance Corporation’s (AFC) A3 Rating, An Achievement Sustained for Over a Decade, with Outlook Stable
Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has once again had its long-term issuer credit rating of A3 affirmed by Moody’s Ratings, a rating first assigned in 2014 and consistently maintained for over a decade. Moody’s affirmed this rating with a stable outlook and affirmed AFC’s short-term issuer rating at P-2, underscoring the Corporation’s status as one of the highest-rated investment-grade institutions in Africa.
Business Show Media, Organizer of the World’s Largest Business Events, Reimagines the White Label World Expo for an Exciting New Era
Business Show Media, the award-winning powerhouse behind the world’s most influential business events, has officially acquired the White Label World Expo, with a vision to transform it into an unmissable global platform for innovation, partnerships, and growth.
The Finalists Announced for the 2025 FF Awards
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
How the New Generation of Digital Wallets Will Upend Fintech
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
EXCLUSIVE: “‘Shadow Boxing'” – Rajul Sood, Acuity Knowledge Partners in ‘The Fintech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Vennre Builds Wealth Tech Platform
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
The Evolving Role of Payment Orchestration in E-Commerce
As global e-commerce continues to surge, the need for seamless, intelligent, and flexible payment infrastructure has never been greater. With online shopping reshaping retail and customer expectations rising, merchants are increasingly investing in technologies that optimise payment flows, reduce friction, and maximise conversion rates.